Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Tuesday, May 15, 2012

Jim Rogers Shorting JPMorgan

Jim Rogers : “We — the financial types — are getting blamed for all the world’s problems,"
"There are going to be more regulations, more controls, more taxes." “I know that a lot of people are having to liquidate positions because now the banks’ examiners are all over these banks especially JPMorgan so they’re trying to take off as many positions as they can so that the regulators don’t put them out of business,” Jim Rogers told told CNBC's Closing Bell with Maria Bartiromo. "2013 is going to be a mess," he says.

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers on China, Commodities and his work life balance

Legendary Global Investor Jim Rogers, chairman of Rogers Holdings Inc. interviewed by the Business Insider about China, commodities and his work life balance. Jim Rogers Identifies The Biggest Mistake China Is Making Right Now and He shares some fascinating thoughts on the transition of power to the fifth generation, the biggest mistake Chinese officials are making, and why he watches the Chinese stock market instead of Chinese data. - in Businessinsider.com

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers: Very Expensive To Give Up Your American Citizenship

Jim Rogers talking about Eduardo Saverin, co-founder of Facebook, renouncing his U.S. citizenship ahead of the company's IPO , said that it is not that easy or cheap to give up your US Citizenship : "The press seemed to say he did it to avoid [taxes], he has to pay taxes. He had to pay huge taxes, hundreds of millions of dollars to give up his citizenship and if it [Facebook] hadn't gone public or if something had gone wrong with the IPO, he would have been in a real bind. When you give up your American citizenship, it's not fair as far as I'm concerned, but the rules are that you have to pay everything, you have to pay taxes on everything you own and then you can leave. I mean no other country in the world does that, we've got our own Berlin Wall, it's very expensive to leave, to give up your citizenship. Iran, North Korea and Cuba, and some countries it's impossible, very expensive to give up your citizenship." Jim Rogers said , Jim Rogers who himself moved to Singapore never gave up his American citizenship - via Business Insider
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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